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Allmypips
Aug 25, 2020 11:05 AM

Bearish weekly Base towards downside correction.(Trend Broken) Short

Euro Fx/Japanese YenFXCM

Description

EUR/JPY has now tested the 125.98 target, RETRACEMENT LEVEL UNDER TREND LINE which means that Confirmation of trend line broken at price 125.40. In the short-term, we do expect a final push to test the 125.93 to 1.26.32 level Resistance and coming days expecting downside correction towards support levels 124.50 and 123.60 levels.

🛑SUPPORT/RESISTANCE
✅S1= 124.50
✅S2=122.40
✴️R1=125.90
✴️R2=127.40
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Comments
Crypto-FX-Trading
great hit 400 pips
VasilyTrader
Very helpful! Thanks a lot!
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